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2 years ago

What is the rate of return when 30 shares of Stock

Business

1 answer:

sattari [20]2 years ago

6 0

Answer:

-0.67%

Explanation:

We are told that 30 shares of Stock are purchased for $30/share..

This gives a total value of: 30 × 30 = $900.

Now,they are sold for $900 with a commission of $6. This means the final money getting to the seller is; 900 - 6 = $894.

Thus; rate of return percentage = (894 - 900)/894) × 100% = -0.67%

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The Economic Stabilization Fund, created by the state legislature in 1988 as a sort of state savings account, is often also refe

lapo4ka [179]

Answer:

The Economic Stabilization Fund is also known as the rainy day fund.

Explanation:

This is a fund that the state of Texas (and many other U.S. states) can access in times of economic distress, in order to fund state spending.

The reason for this is that Texas, by it's constitution, must run a balanced budget, meaning that it cannot take on debt in case of deficit. This is why, in times when revenues do not match expenditures, the rainy day fund can be used as an option of last resort.

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2 years ago

Ralph works for a manufacturing company in Ohio. Recently, he called in a department manager to assist in the purchase of some h

MAXImum [283]

Answer:

The correct answer is letter "A": Modified rebuy.

Explanation:

A modified rebuy is a purchase usually made within a supply chain where a supplier has bought some goods initially but for the next purchase, the supplier requests changes in the purchase -<em>whereas price, product specifications or terms</em>- to better match the supplier's demands.

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2 years ago

5. Many tax professionals and advisors recommend adjusting your W-4 allowances so that...

kirill115 [55]

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2 years ago

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Using supply/demand analysis and words, demonstrate what a weakly enforced antiscalping law would likely do to the price of tick

erastova [34]

Full question:

In some states and localities, scalping is against the law although enforcement is spotty

A. Using supply/demand analysis and words, demonstrate what a weakly enforced antiscalping law would likely do to the price of tickets.

B. Using supply/demand analysis and words, demonstrate what a strongly enforced antiscalping law would likely do to the price of tickets

Answer and Explanation:

A. For the first scenario, a weakly enforced antiscalping law would still allow the resale of tickets as it is not enforced properly. Therefore it's effect on price would remain as though there were no laws restricting scalping( scalping: price increase created by artificial shortage and bulk resale of tickets) . See the attached diagram for the supply and demand curve and price increase as a result of a weak antiscalping law

B. For the second scenario, scalping has no effect on price as antiscalping laws are strong and therefore there is no scalping. Price remains the same and does not change.

In diagram A for first scenario price increases from p1 to p2 and quantity decreases from q1 to q2 to indicate increase in price and quantity decrease for shortage respectively. This shows the effect of scalping on the market with weak antiscalping laws

In diagram B, price and quantity remain the same to show strong antiscalping laws

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2 years ago

Which government branch creates the federal tax law

wolverine [178]

The answer is Congress :)

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2 years ago

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